In a report released this Wednesday, 26, the World Trade Organization (WTO) highlighted the transformative potential of the "Aid for Trade" initiative to boost economic growth, reduce poverty and promote sustainable development on a global scale
The document, that outlines the priorities of the institutional program for 2024, emphasizes the importance of digitalization and e-commerce as key elements to maximize the benefits of the initiative. The WTO argues that promoting these areas can significantly accelerate economic progress, especially among developing nations
One of the main recommendations of the report is the establishment of new partnerships for international cooperation. The WTO emphasizes the need for countries to work together to create a more integrated and efficient trading environment
Furthermore, the document underscores the urgency of improving transportation infrastructures and payment systems between countries. According to the WTO, these improvements are essential to increase transport capacity and accelerate the pace of exports, contributing to a more dynamic and inclusive global trade
This new approach to "Trade Assistance" reflects the growing awareness of the WTO regarding the crucial role that digital trade and emerging technologies can play in promoting sustainable economic development worldwide
With these guidelines, the WTO expects that the "Trade Help" initiative will continue to be a vital tool for fostering economic prosperity and reducing inequalities among nations in the global trade landscape
With information from Estadão Conteúdo
